| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $74M | $41M | 14.2% | 104.3% |
| Op. Income | -$22M | -$28M | -$5M | 22.0% | -366.2% |
| Gross Margin | 73.3% | 74.0% | 76.9% | -0.7pp | -3.6pp |
| Net Margin | -36.8% | -21.5% | -12.6% | -15.3pp | -24.2pp |
| EPS (Diluted) | $-0.15 | $-0.08 | $-0.07 | -88.2% | -114.3% |
| Free Cash Flow | -$5M | -$18M | -$2M | 73.8% | -194.7% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $43M |
| General & Administrative | $41M |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $106M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | -$87.0K |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $2M |
| EBIT | -$31M |
| EBITDA | -$30M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$210.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $59M |
| Other Investing Activities | -$933.0K |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$78.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $175M |
| Net Receivables | $4M |
| Inventory | $14M |
| Other Current Assets | $890.0K |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $5M |
| Goodwill | $111M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $151M |
| TOTAL ASSETS | $421M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $614M |
| Retained Earnings | -$279M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$137.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $335M |
| Minority Interest | $0 |
| TOTAL EQUITY | $335M |
| TOTAL LIABILITIES & EQUITY | $421M |
| Total Debt | $5M |
| Net Debt | -$66M |
